Marston's Share Discussion Threads

[dexdringle] 26/7/2024 16:27

Friday 18th October. You're welcome 🤣

CARE: predictions can be wrong as well as right.

[dogface] 26/7/2024 15:49

to Dexdringle re 7404 can you give the date of the forthcoming crash, so that I can sell up the day before?

[boffster] 26/7/2024 00:23

Achieving ANY sales growth on last year with the 'Summer' we've been having so far is quite an achievement. Obviously it will differ from venue to venue, but a takings difference of 2x or more for a hot sunny day vs. a washout is not unusual

[barnes4] 25/7/2024 21:41

KY boi

Are you taking note of another massive inside purchase?

[wigwammer] 25/7/2024 15:58

Non exec chair buys £100k of shares :)

[disc0dave46] 25/7/2024 12:11

FennersStill can't see how you can dismiss an event as though it didn't happen. This is in the hospitality industry, income very much depends on such variables like major events and also obviously the weather plays its part too, thus making financial comparisons not so black and white as you would like.As for CAV. Fair enough but again you comment negatively but fail to balance that with a pragmatic judgment. There was sufficient info to do that IMO.

[dexdringle] 25/7/2024 11:52

If we get away with merely a recession we can think ourselves lucky.

What is actually coming is a massive financial crash, triggered in part by excessive US government debt, that will make 2008 look like a tea party.....

[ny boy] 25/7/2024 01:54

Alert 🚨

Chris Williamson, chief business economist at S&P Global Market Intelligence, said “the fight against inflation is carrying a heavy cost in terms of heightened recession risks.

Recession coming 🆘🚨

[fenners66] 24/7/2024 23:45

disco

As I posted earlier - its the breakdown of the like for like vs earlier in the year

Year-to-date, like-for-like sales increased by 5.2%
but
Like-for-like sales increased by 2.4% in the 16-week period to 20 July 2024 despite being up 8% in the finals week

So aside from that final week , LFL was only 2% in the last 16 weeks

Contrast massively with the first 26 weeks which was therefore up by 6.9%

Tells me sales growth has dried up and costs are likely still rising by more - with a possible massive increase in minimum wage to come when labour get to their first budget..


sales growth in the first 26 weeks was a good % but its tailed off , surely there was bad weather in the 26 weeks as well?

We all expected that if England got to the final there was going to be an uplift for pubs - but take out just 2 nights of football which alone accounted for 0.4% of the 16 weeks like for like and what are you left with when England are not playing.
Remember there were 5 other nights in that.

Tells me that aside from England playing footie their growth has dried up.

As for Cav I want to see the full accounts and examine their staff costs...

[my retirement fund] 24/7/2024 16:27

Save your breath. I don't think fenners66 has a lot going on in his bonce!

[disc0dave46] 24/7/2024 14:41

fennersYou can't simply dismiss what the benefit in LFL sales from the Euros was, and then say it was only 2%. Their income is massively impacted by weather and events.Off topic but I posted on CAV what you thought their earnings could be, woukd appreciate your view.

[the grumpy old men] 24/7/2024 14:00

LBC


Pub giant Marston’s cheers Euro 2024 sales boost

24 July 2024, 13:24


The company also said its customers were spending well on both food and drinks, with changes to its menu ‘proving increasingly popular’.

Pub group Marston’s has revealed the Euro 2024 tournament delivered a boost to sales as fans flocked to venues to support the England football team in the final.

The company, which runs about 1,370 pubs across the UK, said the football lift came after a period of wet weather put a dampener on summer sales.

It said like-for-like sales during the week of the semi-final and final matches jumped by 8%, compared with the same period last year.

This helped to lessen the impact of unseasonably wet weather, and following particularly strong sales this time last year, Marston’s said.

Marston’s said sales at its pubs were lifted considerably by the Euro 2024 tournament

The extra support for the hospitality sector during the European Championships generated nearly £1 billion in additional revenue for local pubs and venues, according to estimates by the Night Time Industries Association.

Pubs and supermarkets benefited from a bumper weekend of sales before England’s defeat against Spain in the final, which was watched by some 24 million across the BBC and ITV.

Meanwhile, Marston’s said its customers were spending well on both food and drinks, with changes to its menu “proving increasingly popular with guests”.

The company has an estate of pubs scattered across the country, including franchises and leased pubs, and hires about 10,000 staff.

Earlier this month, it announced the sale of its stake in UK cask ale brewer Carlsberg Marston’s – which brews beers including 1664, Hobgoblin and Shipyard – to Carlsberg for £206 million.

Marston’s said offloading the spin-off will allow it to focus purely on operating its pub chain and will reduce the amount of debt it holds.

Chief executive Justin Platt, who was formerly an executive at Legoland owner Merlin Entertainments, said: “I look forward to delivering on the opportunities a focused pub business will provide.”



By Press Association

[dexdringle] 24/7/2024 13:06

《《298; barnes424 Jul '24 - 09:26 - 7393
Madness and illogical 》》299;

What is ?

[barnes4] 24/7/2024 11:27

Yep 40 is coming today

[skinny] 24/7/2024 11:21

Possibly 8 bob by EOD.

[skinny] 24/7/2024 09:38

2+ year high @39.65p

[wigwammer] 24/7/2024 09:35

Yes. I feel rather sorry for anyone who acted on your arithmetic at sub 30p, fenners. They can probably also do the arithmetic that acting on your suggestions is rather damaging to their financial health.

[barnes4] 24/7/2024 09:34

This will be taken out hence the sale

[fenners66] 24/7/2024 09:30

Only doing the arithmetic , for those that can't be bothered or are challenged in that respect .

We'll see where this goes , buys or sells on the day are not the measure of the company's future prospects.

[barnes4] 24/7/2024 09:26

Madness and illogical

[dexdringle] 24/7/2024 09:09

Paid 41p each for these a couple of years ago and have been under water ever since. Will be selling if they get back to 41p - putting it down to experience and being glad to get my stake money back.

[barnes4] 24/7/2024 09:03

Is Fenners KY Boi in disguise?

He talks the same verbal diatribe

[wigwammer] 24/7/2024 08:56

Fenners invariably drawing on his endless list of negatives. In the meantime, shares rising through 52 week highs.. :)

[barnes4] 24/7/2024 08:53

Fenners give it a rest
The market doesn’t agree and that’s all I am bothered about